Wal-Mart Rations Rice, Warns of Supply Concerns

Thats it. Lots of folks are speculating on all these threads about supply demand, futures and market manipulation because most are college greanies,
fresh out in the world but us old timers will tell ya right up front if you don't know everything there is to know about all the crops worldwide and
have a good handle on the total last years output and good knowledge of successes and failures in all of the worlds crops, your just peeing in the
wind. It so hard to figure out properly that most people go to the total cerial index and just speculate as to how many weeks worldwide are in
surplus. It gets real tricky breaking out each crop, because you have to know all the successes and failures worldwide for that one crop and factor in
total planted area and compare everything with several years of data.

Fuel prices for moving and farming the grains are driving it up as fast as the actual shortages from specific grains.

There isn't a rice shortage in the US, but headlines of shortages have led to some hording on the part of some consumers and businesses.

The warehouse stores have limited the purchases in some stores to make sure they can meet demand on any given day.

A spokesman for Costco today said that as far as he knew, only one of their stores had limited purchases and that, while they might run out of rice on
any given day, they are replenished overnight.

So, the reality is that the commodities market and some shortages worldwide have cause some panic among certain consumers here, which the stores want
to quell so that they can serve all their customers.

Rice is one food that will last indefinitely. Currently, YOU may not eat rice, but, there are millions of Americans that do and in a pinch, rice can
be combined with multiple types of food. As more people search out options, they are probably discovering that in addition to water, rice is at the
top of their survival list.

This content community relies on user-generated content from our member contributors. The opinions of our members are not those of site ownership who maintains strict editorial agnosticism and simply provides a collaborative venue for free expression.